Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 38.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,001 shares of the company’s stock after selling 20,796 shares during the period. Lake Street Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,513,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Permanent Capital Management LP boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Permanent Capital Management LP now owns 218,091 shares of the company’s stock valued at $41,778,000 after purchasing an additional 1,380 shares during the period. Procyon Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 216.3% in the fourth quarter. Procyon Advisors LLC now owns 40,400 shares of the company’s stock valued at $7,739,000 after purchasing an additional 27,628 shares in the last quarter. Parisi Gray Wealth Management increased its stake in Invesco S&P 500 Equal Weight ETF by 1.3% during the 4th quarter. Parisi Gray Wealth Management now owns 10,250 shares of the company’s stock worth $1,964,000 after buying an additional 134 shares during the period. Magnus Financial Group LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 6.0% during the 4th quarter. Magnus Financial Group LLC now owns 39,588 shares of the company’s stock worth $7,583,000 after buying an additional 2,256 shares during the period. Finally, Orgel Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $472,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 1.5%

Shares of RSP stock opened at $190.48 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24. The stock has a market capitalization of $78.99 billion, a PE ratio of 20.10 and a beta of 0.99. The firm has a 50 day moving average of $199.62 and a two-hundred day moving average of $193.35.

About Invesco S&P 500 Equal Weight ETF

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.